Additional CBFIs definition
Examples of Additional CBFIs in a sentence
The Ordinary Holders Meeting shall approve the terms of such Additional Issuance including the price of the Additional CBFIs issued.
The Original CBFIs issued by the Trustee in the Initial Issuance and the Additional CBFIs issued by the Trustee in any Additional Issuance in accordance with this Section 3.2 (collectively, the "CBFIs") shall be subject to the same terms and conditions and shall grant their Holders the same rights (so that such Holders will be represented in the same Holders Meetings), and there shall be no subordination whatsoever among the CBFIs issued by the Trustee in accordance with public or private Issuances.
The Preferential Right to subscribe Additional CBFIs described in this document will only be available to existing Holders of CBFIs as of the Subscription Record Date in those jurisdictions that do not require the offer and sale of such CBFIs (or FIBRA Prologis, the Trustee or the Manager) to be registered pursuant to applicable laws.
During the Preferential Period, the binding, unconditional and irrevocable purchase offers submitted by each Holder will be received by the Manager, who will maintain a register of the Subscription Agreements and notify the Trustee and the Common Representative on a daily basis of the number of Additional CBFIs in respect of which it has received Subscription Agreements.
If less than all of the Additional CBFIs have been allocated, the remaining Additional CBFIs will be cancelled.
Once the allocations referred to in the previous paragraphs have been completed, the Manager will notify the Trustee and the Common Representative of the number of Additional CBFIs subscribed by the Holders, as well as the allocations made in accordance with the procedure described above.
FIBRA Prologis will grant a preferential right (the “Preferential Right”) to existing CBFI Holders that are qualified and authorized under the securities laws and regulations applicable to them and subject to the restrictions and limitations described in the section titled “Important Notice” herein, to subscribe and pay for such Additional CBFIs on a pro-rata basis with respect to the number of CBFIs held by each Holder on the Subscription Record Date.